Philanthropic Fiduciary Specialist

Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:
This job is responsible for the oversight of fiduciary administration for their assigned markets. Key responsibilities include developing fiduciary best practices, proactively identifying and managing areas of fiduciary risk, monitoring fiduciary metrics, conducting key business approvals, and coaching client teams. Job expectations include being the primary escalation point for account administration issues that arise in their markets, assisting in the creation and execution of action plans to resolve issues, and working closely with control partners, as well as Philanthropic Executives.

Responsibilities:

• Provides business approvals (discretionary, new business, etc.)
• Identifies issues in specific accounts and any related trends across the business
• Ensures fiduciary metrics are compliant
• Coaches and trains
• Develops fiduciary best practices
• Engages in Philanthropic and BANA governance routines

Skills:

• Advisory
• Analytical Thinking
• Policies, Procedures, and Guidelines
• Problem Solving
• Relationship Building
• Business Acumen
• Continuous Improvement
• Controls Management
• Issue Management
• Written Communications
• Client Management
• Project Management
• Strategy Planning and Development

Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Pay Transparency details

US - CT - East Hartford - 101 E River Dr - One Riverview Square (CT2550), US - NJ - Pennington - 1300 American Blvd - Hopewell Bldg 3 (NJ2130), US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100), US - RI - Providence - 1 Financial Plz - 1 Financial Plaza (RI1537)

Pay and benefits information

Pay range

$93,700.00 - $136,300.00 annualized salary, offers to be determined based on experience, education and skill set.

Discretionary incentive eligible

This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

Benefits

This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.